Acrow Misr (EGX: ACRO)

Acrow Misr Income Statement

Financials in millions EGP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,934	2,554	1,579	1,540	1,040	1,091
Revenue Growth (YoY)	76.36%	61.80%	2.49%	48.09%	-4.63%	-5.59%
Cost of Revenue	2,293	1,604	1,087	1,093	722.76	750.61
Gross Profit	1,641	950.39	491.8	447.02	317.28	339.93
Selling, General & Admin	394.53	315.7	232.05	190.14	114.57	99.17
Other Operating Expenses	27.77	61.33	10.25	11.09	11.1	-13.47
Operating Expenses	1,030	429	423.18	201.35	125.67	85.7
Operating Income	610.54	521.39	68.61	245.67	191.61	254.23
Interest Expense	-262.16	-181.37	-96.52	-63.04	-49.16	-64.04
Interest & Investment Income	10.55	7.91	0.07	1.82	0.03	0.09
Earnings From Equity Investments	95.51	30.35	5.09	0.84	1.19	0.36
Currency Exchange Gain (Loss)	693.53	149.87	209.18	-13.41	-0.86	-15.68
Other Non Operating Income (Expenses)	-29.3	-29.3	-4.39	-3.96	-	-
EBT Excluding Unusual Items	1,119	498.85	182.04	167.9	142.82	174.96
Gain (Loss) on Sale of Assets	23.49	15.62	19.85	5.99	16.16	23.96
Pretax Income	1,142	514.48	201.9	173.9	158.98	198.92
Income Tax Expense	396.49	170.11	88.78	51.86	37.33	26.22
Earnings From Continuing Operations	745.67	344.37	113.12	122.04	121.65	172.7
Minority Interest in Earnings	-3.41	-4.02	0.73	-0.98	-4.22	-2.07
Net Income	742.26	340.35	113.85	121.06	117.42	170.63
Preferred Dividends & Other Adjustments	41.87	41.87	17.43	19.75	14.51	8.45
Net Income to Common	700.39	298.48	96.42	101.31	102.91	162.18
Net Income Growth	106.25%	198.95%	-5.96%	3.10%	-31.18%	-6.84%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
EPS (Basic)	12.72	5.42	1.75	1.84	1.87	2.95
EPS (Diluted)	12.72	5.42	1.75	1.84	1.87	2.95
EPS Growth	104.51%	209.55%	-4.82%	-1.56%	-36.54%	-0.54%
Free Cash Flow	20.69	358.34	69.66	-65.75	-78.6	72.71
Free Cash Flow Per Share	0.38	6.51	1.27	-1.19	-1.43	1.32
Dividend Per Share	3.750	3.750	3.630	1.750	-	-
Dividend Growth	3.31%	3.31%	107.43%	-	-	-
Gross Margin	41.71%	37.21%	31.15%	29.02%	30.51%	31.17%
Operating Margin	15.52%	20.41%	4.35%	15.95%	18.42%	23.31%
Profit Margin	17.80%	11.69%	6.11%	6.58%	9.90%	14.87%
Free Cash Flow Margin	0.53%	14.03%	4.41%	-4.27%	-7.56%	6.67%
EBITDA	739.38	658.03	159.83	336.88	268.86	335.6
EBITDA Margin	18.79%	25.76%	10.12%	21.87%	25.85%	30.77%
D&A For EBITDA	128.83	136.64	91.22	91.21	77.25	81.37
EBIT	610.54	521.39	68.61	245.67	191.61	254.23
EBIT Margin	15.52%	20.41%	4.35%	15.95%	18.42%	23.31%
Effective Tax Rate	34.71%	33.06%	43.97%	29.82%	23.48%	13.18%
Advertising Expenses	-	-	-	0.6	0.56	6.24

Source: S&P Capital IQ. Standard template. Financial Sources.